Lease Deals?

[jrcransto]

Hi there, I'm interested in leasing a lightning given the new incentives. Have seen posts on good finance/sale prices, but was wondering if anyone has leased a lightning recently? The quotes I get from dealers all seem high. Im in Boston, and looking mainly for an XLT ER...would be interested to see what others are getting. Thanks!

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[farmtruck]

I leased. You do not get the IRS rebate but all other rebates and bonus offers do apply roughly the same as if you buy. I purchased as a business vehicle so I can expense the lease payments. The other factor in my decision was this is a first gen technology and if I do not like it or it fails, I don't own it. My lease is a 4yr, 60000mi lease and it works out about the same as if I amortized a purchase over 7yrs.

 

[Gaffer]

When I got my XLT ER 3 weeks ago, they gave me the numbers for both options. Leasing was the same monthly payment as purchasing but I had to put more money down on the lease along with my trade in so I decided to purchase so I didn’t have to worry about the miles at the end of the lease. Figured in a few years I could trade it in for something else if I like without worrying about penalty fees. Seems to be kind of the case these days regardless of vehicle, 3 years ago I leased a Hyundai Kona EV, the lease was $150 a month cheaper than buying, we traded it in last week for a Ioniq 5 and the Ionia 5 lease was the same price as purchasing it.

 

[jrcransto]

Thanks guys. Yes the quotes I've been given show basically the same. Finance is equal or better than lease. Which shouldn't be the case if Ford is applying the $7500 fed ev tax credit to the lease. Basically all other manufacturers have come around to applying it ...TSLA Rivian GM Hyundai. Loop hole to get around the income/manufacturing requirements. But doesn't seem like Ford is doing it - or rather, they are keeping the $7500 on all leases. From what I can tell??

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